Better Products Inc. purchased a piece of machinery for $500,000 that has a salvage value of $20,000. The machinery is supposed to have a useful life of 5 years using the straight line method. The machinery also has a useful life of 1,000,000 hours of production using the units of production method. The machinery had the following amounts of hours of production in the first 3 years; year 1-100,000 hours, year 2-300,000 hours, year 3-200,000 hours. Calculate the depreciation per year using the units of production method. Also calculate the depreciation rate per year using the straight line method.